17.07.2015 18:44:00
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Promsvyazbank -- Moody's: Promsvyazbank's shareholders to acquire Pervobank - credit neutral for both banks
London, 17 July 2015 -- On Friday, 10 July 2015, shareholders of Promsvyazbank (B1/B1 negative, b1) agreed to a share-swap transaction with shareholders of Samara-based Pervobank JSC (B3 negative, b3) in preparation for a possible future merger of the two banks. Moody's Investors Service views the transaction being credit neutral for both banks.